Neptune Energy has announced a new discovery at the Calypso exploration well (PL938) in the Norwegian Sea. ESTIMATES The company added that preliminary estimates were between one and 3.5 million standard cubic metres (MSm3) of recoverable oil equivalents, corresponding to six to 22 million barrels of oil equivalent (boe). Calypso is Neptune’s third discovery in […]
Tag: Norwegian Sea
Neptune finds hydrocarbons in Calypso
Neptune Energy reported that logs had proved the presence of hydrocarbons in the Calypso exploration well within licence PL938 in the Norwegian Sea. EARLY STAGES Project partners comprise Neptune as operator (30%), OKEA ASA (30%), Pandion Energy AS (20%) and Vår Energi ASA (20%). The companies will now consider gathering additional data of the reservoir. […]
Neptune spuds Calypso exploration well
Neptune Energy has started drilling on the Calypso exploration well within the Neptune-operated PL938 licence in the Norwegian Sea. CALYPSO PROSPECT The Calypso prospect lies 14km northwest of the Draugen field and 22km northeast of the Njord A platform, within one of the company’s core areas on the Norwegian continental shelf. Neptune said that in […]
Neptune drills development wells on Fenja
Neptune Energy said it had successfully drilled four development wells ahead of the start of production on the Fenja field in the Norwegian Sea. PRODUCTION The operator said that completion of the four wells marked an important milestone in the development of Fenja, which is scheduled to come on stream in the first quarter of […]
Neptune starts drilling four production wells on Fenja
Neptune Energy plc announced that drilling had begun on four production wells on the Fenja field in the Norwegian Sea. FINAL PHASE The company said that the wells were being drilled by the Deepsea Yantai, a semi-submersible rig, operated by Odfjell Drilling. The Fenja development consists of two subsea templates tied back to the Njord […]
Neptune Energy installs world’s longest ETH pipeline
Neptune Energy has installed and tested the world’s longest trace-heated subsea production pipeline at its operated Fenja field in the Norwegian Sea. TEMPERATURE The company said that the 37km electrically trace-heated (ETH) pipe-in-pipe solution would transport oil from the field to the Njord A platform, operated by Equinor. It will also significantly reduced the potential […]